News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Citi brings block trading to Brazil

Move underlines the rise of high-frequency trading in Brazil and attempts to combat its impact on large institutional trades

Citigroup is to expand its US electronic block-trading platform to include Brazilian equities, in a move aimed at combating the rise of high-frequency trading that has made it tougher for institutional investors to complete large trades in Brazil.

Citi's Total Touch platform, which offers investors electronic access to US equities and exchange-traded funds, has been expanded to include Brazilian equities for the first time, Citi said in a statement.

WSJ Logo